US equity indexes rose Tuesday, with technology and communication services sectors emerging as the top gainers ahead of the close.

The Nasdaq Composite rose 0.8% to 23,450.2, with the Dow Jones Industrial Average up 0.6% to 47,591.5 and the S&P 500 higher by 0.4% to 6,840.6.

Energy, utilities, and materials led the decliners.

In economic news, Redbook US same-store sales last week jumped by 7.6% from a year earlier, following a 5.9% increase in the previous week, amid higher sales on Black Friday and the weekend following Thanksgiving Day. Through the fourth selling week for November, sales were up 6.4%, missing the 6.7% target.

Online spending at this year's Cyber Monday rose more than projected to $14.25 billion, Adobe (ADBE) Analytics' holiday shopping data showed. In October, Adobe forecast Cyber Monday would be the biggest online shopping event of the year, with spending expected to grow 6.3% year-over-year to $14.2 billion. Cyber Monday e-commerce sales totaled $13.3 billion last year.

The Organization for Economic Cooperation and Development revised up US economic growth forecasts to 2.0% from 1.8% this year, and to 1.7% from 1.5% next year. That means the OECD still expects growth to fall from last year's 2.8%.

US Treasury yields fell, with the two-year yield down 2.9 basis points to 3.51% and the 10-year yield little changed at 4.09%.

In company news, Boeing (BA) shares surged 10%, the top gainer on the S&P, after Chief Financial Officer Jay Malave said deliveries of 737 and 787 jets will increase next year.